Morning news

09/06/2025  8.00AM
Good morning 
Vande mataram 
New Headlines from Leading Financial News Papers, Compiled by Rudra Shares
Monday, 09 June 2025


 Corporate & Market Highlights 
* Perplexity Labs CEO Aravind Srinivas claims the firm can automate 98–99% of an IPO prospectus draft
* Myntra CEO asserts India remains a key strategic market for global fashion brands
* Reliance Infrastructure enters the aircraft upgrade business with a ₹5,000 crore investment
* Maruti Suzuki and Hyundai show strong export growth expectations for FY26
* Nifty Outlook: Analysts project a potential rally to 25,300–25,500 on new triggers

 Regulatory & Policy Updates 
* Banks’ proposal for tax relief on interest from NPAs currently under review
* CRR cuts could accelerate recovery in bank earnings
* Auto sector urges government to regulate rare earth magnet imports from China
* RBI may consider its next interest rate cut in December
* Singapore tightens oversight on shell companies, casting a tax shadow over India-focused funds

 Banking & Finance 
* HDFC Bank’s MD & CEO named in alleged fraud linked to Lilavati Trust
* Bad loan provisions surged in Q4 FY25 due to microfinance stress
* Deposit rate cuts push banks to innovate for retaining savers
* FPIs turn net sellers; withdraw ₹8,749 crore from Indian equities in June
* Bank Nifty still holds 4% upside potential, says SBI Securities’ Sudeep Shah

 Investment & IPO Watch 
* Primary Market This Week: 4 IPOs scheduled, 1 listing expected
* KKR-backed IVI to acquire ART Fertility Clinics in a \$450 million deal
* Dalal Street Focus: US & India inflation data, plus trade talks to drive sentiment
* Narnolia’s Shailendra Kumar remains cautious due to overvaluation in mid- and small-cap segments

 Industry Insights 
* Rapido slashes food delivery charges by 50% to take on Zomato and Swiggy
* E-rickshaw subsidies may be redirected to cargo electric three-wheelers
* Jio widens its lead in Q4 revenue share, pulling ahead of Airtel
* Megha Engineering sees major internal restructuring as Reddy family reaches a settlement


Jai Hind
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